Macro

China extends its pause on the extra 24% tariff on US goods for two months, keeps 10%

The Customs Tariff Commission tied the Nov. 10 adjustment to the Washington heads-of-state consensus and said it will watch any Section 301 shift.

By James Mitchell · Nov 9, 2026, 8:40 AM EST

Why it matters: The partial pause leaves the 10% additional tariff on US goods in place into early next year.

For information only, not investment advice.

China's Customs Tariff Commission of the State Council said it will continue for two months to suspend the 24% additional tariff on U.S.-origin imports while keeping a 10% additional tariff in place, effective from 1:01 p.m. Beijing time on Nov. 10.¹² The move implements the outcomes of the Washington meeting between the Chinese and U.S. heads of state, the commission said in an announcement dated Nov. 9.¹

Xinhua, citing the commission, said China has noted U.S. statements of intent to replace tariffs under the International Emergency Economic Powers Act — which have been ruled invalid — with Section 301 tariffs, and will adjust its countermeasures in light of subsequent U.S. moves.²

A Bloomberg report carried by The Business Times said the extension formalizes a leaders' decision to prolong the trade truce until next January, and that China's Transport Ministry separately extended a suspension of special fees on American ships docking at its ports until Jan. 10.³

Tags: tariffs-trade · china · white-house